CORRECTION: DIVISION OF AS VIISNURK: COMMERCIAL REGISTRY ENTRY AND FURTHER STEPS

In announcement published previously there where incorrections in explaining
how the non-monetary contributions will be accounted for as payment for the
shares. 

The corrected release follows:

The division of AS Viisnurk was registered today, on 19.09.2007, in Pärnu County
Court Registry Department. In accordance with the division plan published       
through the stock exchange release on 29.06.2007, as a result, starting as of   
today, the following changes have taken effect:                                 

The current listed company has been renamed to AS Trigon Property Development.  
The company's current single property holding and its first development project 
is a 40ha land area located next to Pärnu city in Estonia, owned through the    
company's 100% subsidiary OÜ VN Niidu Kinnisvara. The new wording of the        
articles of AS Trigon Property Development has become effective in accordance   
with the wording published in the stock exchange release on 05.07.2007          

All other operating assets and activities of the building materials and         
furniture division of the company have been transferred to a new company created
through the split. The new company has been given the business name AS Viisnurk.

As part of its development plans and as announced though the previous stock     
exchange release on 29.06.2007, AS Trigon Property Development is currently     
finalising the work for folding other large property development projects into  
its property development holdings. For this purpose, the management is preparing
to call an extraordinary shareholders meeting to increase the share capital of  
AS Trigon Property Development on terms where all shareholders will be given    
equal rights to participate in the new share issue, and through which the new   
property development holdings would be folded into the company based on an      
independently determined valuation. To be clear this means that the share issue 
will be carried out at the price prevailing in the market at the time the       
decision is taken by the shareholders, but any payment for the shares paid for  
through non-monetary contributions (i.e. property development projects) will be 
valued based on the independent valuation of the property projects with no      
premiums attached. As part of this upcoming shareholders meeting, it will also  
be proposed to the shareholders that the current Chairman of the Supervisory    
Board, Mr Ülo Adamson, will assume the position as the interim Chairman of the  
Management Board of AS Trigon Property Development. Aivar Kempi will be         
appointed a member of the Management Board. The exact time of the upcoming      
shareholders meeting and the agenda will be announced in due course in a        
separate stock exchange release.                                                

The management has also carried out the required preparations and expects that  
the first trading day of the newly registered AS Viisnurk will be 25.09.2007. As
part of the required steps, the prospectus of the new AS Viisnurk will be       
published this week subject to the Estonian Financial Supervision Authority     
approval.                                                                       


Ülo Adamson                                                                     
The Chairman of the Management Board (to be nominated)                          
+372 51 39 424